With an issue size of Rs 6,632.30 crore, Groww is all set to announce the allotment status to the subscribed investors on October 10.

IPO Details:

Grow IPO started the public bidding officially on November 4 and investors were encouraged to apply for a minimum investment of Rs 14,25 for a lot of 150 shares. The price range has been set around Rs 95-100.

With the investors to be informed about allotment status on November 10, the listing of shares is expected to take place on November 12.

If an individual has not been allotted shares, their invested amount will be unblocked and refunded within a week.

As per the information available on the official website of NSE, Groww IPO was subscribed a total of 17.6 times. Qualified Institutional buyers were the majority, with 22.02 times the subscription. Meanwhile, Non Institutional Investors subscribed 14.2 times and Retail Individual Investors subscribed 9.43 times.

Steps to check Groww IPO allotment status on BSE:

Visit the official website of BSE and check the application status page

In Issue Type, ‘Equity’.

In Issue Name, select ‘Billionbrains Garage Ventures Limited’.

Enter your ‘Application No’ or ‘PAN No’ to know the application status

Steps to check Groww IPO Allotment status on NSE:

Visit the NSE’s IPO allotment verification status page

Select ‘Equity & SME IPO bid details’.

In Select Symbol, select ‘GROWW’.

Enter your PAN No. and application No to know the application status

For more information, visit the official website.